Form 4: Integer Holdings Director Jean M. Hobby Acquires Restricted Stock Units

Director Jean M. Hobby acquired 1,480 restricted stock units of Integer Holdings Corp on May 22, 2024, which will convert into common stock.

Summary

• Jean M. Hobby, a director of Integer Holdings Corp, acquired 1,480 restricted stock units (RSUs) on May 22, 2024.
• The RSUs convert into common stock on a one-for-one basis.
• The RSUs vest in equal installments on August 22, 2024, November 22, 2024, February 22, 2025, and May 20, 2025.
• The reporting person has elected to defer settlement of the common stock underlying these RSUs until separation from service as a director, or a change in control, of the Issuer.
• Following the transaction, Hobby directly owns 6,880 shares of Integer Holdings Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock units being granted to a director. It doesn't inherently indicate positive or negative performance, but rather a part of standard compensation practices.

Positives

• The acquisition of RSUs by a director signals confidence in the company's future performance.

Future Outlook

The RSUs will vest over time, converting into common stock, but the director has deferred settlement until separation from service or a change in control.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the ownership changes of company stock by its directors.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals confidence from a company director.

Key Dates